Archive
Let's Talk Taxes; Let's Talk Trillions
America's deepest pockets, a new report shows, are saving big bucks from the U.S. tax code's wide assortment of income tax breaks. They're saving even more from the absence of a wealth tax. A hundred years ago, in 1913, Congress wrote into law a federal income tax....
Democrats Must Overcome Clinton Nostalgia
Democrats now delight in watching Republicans flounder as they try to free themselves from the failures of President George W. Bush and the extremes of the Tea Party. But the GOP’s tribulations should not blind Democrats to their own challenge. The party must free...
SHAME: 28 Senate Democrats Voted To Cut Food Stamps
The Senate on May 21 rejected an amendment by Sen. Kirsten Gillibrand, D-N,Y., that would block a 10-year, $4.1 billion cut to the Supplemental Nutrition Assistance Program (also known as SNAP or the food stamp program) that was included in the farm bill that is now...
The New Normal of Super Storms.
For years now, scientists have been warning us to expect massive storms fueled by warmer weather and higher levels of moisture in the atmosphere. While environmental experts will not link any one storm directly to global warming, they agree that these super hurricanes, devastating floods, and monster tornadoes are the undeniable result of climate change.
Scientists warn that if we continue to pump more and more carbon pollution in our atmosphere, these storms will continue to grow in power and frequency. This is the new normal, and without immediate change it will it get even worse.
CWA To Senate Dems: "We’re Done."
On a call this morning to discuss the continuing obstruction of ... everything ... by Senate Republicans, Communications Workers of America (CWA) President Larry Cohen asked Senate Democrats to change the rules to at least get nominees to the floor for a vote. It may...
Go Tammy
It's still a fact that the Democratic Party strategists are afraid to embrace populist issues, believing their future coalition lies with "identity politics". Whether it's because they are answering to the donor class or are trying to hang on to the vestige of the white middle class that is still leery of "redistributional" policies after 30 years of right wing propaganda (or both) is the question.
But let's just say that if anyone can transcend those cultural boundaries and possibly make a breakthrough, it's Baldwin. She is the first openly gay Senator, a woman and a populist. Let's see where that takes us.
A Better Way To Tax The Multinationals
We the People put together a system here with schools, universities, scientific research, courts, a stable financial/monetary system, infrastructure like roads, dams, airports, and all the other components of a (used-to-be) prospering economy. That takes money, and...
The "Truman Show" Economy
A Northern Ireland county made news this week when it literally created a false front of prosperity for dignitaries in town for the G8 conference. The Irish Times reports that County Fermanagh spent roughly £300,000 ($456,000 at today’s exchange rates) to conceal the...
Social Security Report Takeaway: Keep Calm And Strengthen Benefits
Today the Social Security trustees released their annual report, and regardless of what you might hear otherwise from the chattering class, the underlying message is that there is no need to consider cuts in Social Security or Medicare benefits. In fact, we can and...
Oh Heck, It Turns Out The GOP IRS Commissioner Wasn't Plotting With The WH After All
When I read this piece in the Daily Caller yesterday, I have to admit I thought "oh hell." I assumed there was a good explanation for why the IRS commissioner had spent so much time in the White House (they aren't so dumb that they would openly plan an IRS jihad against the Tea Party right in the oval office) but I also knew this story would feed the scandal.
Garance Franke-Ruta of The Atlantic cleared it all up this morning.
